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Chorley Council a top beneficiary of Conservatives' New Home Bonus

Chorley Council taxpayers are a top beneficiary in the amount of New Homes Bonus it has received from the Conservative led coalition. Of over 325 councils, Chorley is ranked 94th highest having received £1,783,262 since the scheme begun, of which £739,008 this year.

The New Homes Bonus is a grant paid by central government to local councils for increasing the number of homes and their use.

The New Homes Bonus is paid each year for 6 years. It’s based on the amount of extra Council Tax revenue raised for new-build homes, conversions and long-term empty homes brought back into use. There is also an extra payment for providing affordable homes.